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Jain Irrigation Systems Ltd. — Capital/Financing Update 2023
Jul 11, 2023
58977_rns_2023-07-11_82846f08-40c4-47fc-9078-90bfcf8aa8b5.pdf
Capital/Financing Update
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Regd. Office: Jain Plastic Park, P.O.Box: 72, N.H.No. 6, Jalgaon – 425 001. India. Tel: +91-257-2258011; Fax: +91-257-2258111; E-mail: [email protected]; Visit us at: www.jains.com CIN: L29120MH1986PLC042028
JISL/SEC/2023/07/B-2/B-6
11[th] July, 2023
To, Bombay Stock Exchange Ltd., Corporate Relationship Department, 1st Floor, New Trading Wing, Rotunda Building, P. J. Tower, Dalal Street, Mumbai - 400 001. Fax No.022– 22723121/22722037(Day) 022-22721072 (Night) Email: [email protected]
To, National Stock Exchange of India Ltd., Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051. Fax No. : 022-26598237/38 Email : [email protected]
Ref: Code No. 500219 (BSE) & JISLJALEQS (NSE) for Ordinary Equity Shares Code No. 570004 (BSE) & JISLDVREQS (NSE) for DVR Equity Shares
Sub: Allotment of 1,00,00,000 Ordinary Equity Shares to Shantakaram Financial Advisory Services Private Limited at Rs. 28.87/- per share aggregating to INR 28,87,00,000 by Sub Committee RP of the Board of Directors
Dear Sir/Ma’am,
This is to inform you that the Sub Committee RP (authorized by the Board of Directors) has met today and completed allotment of Equity Shares against 75% balance amount alongwith conversion option exercise letter received from Shantakaram Financial Advisory Services Private Limited as under:
| Sr. No. |
Name of Allottee |
Allotment Price (in Rs./share) |
No. of Ordinary Equity Shares allotted |
Allotment Size (in Rs.) 75% balance Amt Rs.21.6525 Cr. received on 11.07.23 (25% Amt.Rs.21.6525 Cr. received on 04.01.22) |
**Distinctive Number ** | **Distinctive Number ** |
|---|---|---|---|---|---|---|
| From | To | |||||
| 1 | Shantakaram Financial Advisory Services Private Limited |
28.87 (25% deposit received on 04.01.2022 and 75% received now on 11th July, 2023) |
1,00,00,000 | 21,65,25,000 | 634644685 | 644644684 |
The shares shall be issued in demat form to CLID/DPID.
Please take the above on record and acknowledge.
Thanking You,
Yours faithfully, For Jain Irrigation Systems Ltd. AVDHUT Digitally signed by AVDHUT VASANT GHODGAONKAR DN: c=IN, o=Personal, VASANT 2.5.4.20=b8f331f512bd03de8efff4b3f64d135cb46f74c58815e29edee5911bcc3ffd61, postalCode=425001, st=Maharashtra, serialNumber=824384b5181cddb68de057 GHODGAONK dd1684b25fa216f2a759e9d36733bf5121ce 2a601c, cn=AVDHUT VASANT GHODGAONKAR AR Date: 2023.07.11 17:31:05 +05'30'
A V Ghodgaonkar Company Secretary